VRS; management of assets of nongovernmental investors. (HB688)

Introduced By

Del. Luke Torian (D-Woodbridge)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

VRS; management of assets of nongovernmental investors. Authorizes the Virginia Retirement System to create an entity to administer and manage the assets of other state and local government-related entities and nongovernmental investors beginning January 1, 2015. Such entity would be allowed to charge for its services. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/07/2014Committee
01/07/2014Prefiled and ordered printed; offered 01/08/14 14102160D
01/07/2014Referred to Committee on Appropriations
01/10/2014Assigned App. sub: Compensation and Retirement
01/20/2014Impact statement from VRS (HB688)
01/23/2014Impact statement from VRS (HB688)
02/06/2014Subcommittee recommends laying on the table
02/12/2014Left in Appropriations